Edward,
Here is one that is not a rumor. In the North East a Yale dealer just consumed a failing Hyster dealer. The old Hyster crew was told that there employment was terminated. They were then told to fill out applications that they were handed. They were then told that interviews would be done by the end of the week. By the end of the interviews half of the staff was not rehired! This comes down to simple economics! The failing Hyster dealership did not have the revenue stream to support the existing payroll. How many companies do we know of that can incurr losses for long periods of time and still exsist in these times? Save what you can and rebuild from there. What else can they do. It was nice to hear of a winner. Thank you!!
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